Thursday, April 16, 2009

Rosetta Stone IPO +38%

Rosetta St (RST) at $18 IPO price:
26x trailing 12 months P/E; 3x book; 4.2x TanBook

"They didn't mind leaving money on the table, because this IPO increases consumers' awareness of Rosetta Stone, which helps top-line revenue growth," Gaskins added. Reuters quote read

Disclosure: No positions

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